Decision making activity cuts across all the four functions of management, these are controlling, planning, directing and organizing. Decision making thus acts as a judge for the management on their ability to make good decisions, i.e. getting the right thing done at the right time to solve he problem at hand appropriately.
Decision making therefore is the activity to selecting from the available possible alternatives a future course of action. The search for a future course of action is aided by number oaf systematic steps involved.
Decision making tools and techniques usually give the management a clear understanding of the situation at hand and eventfully assist them in making the decision properly. These tools and techniques mostly form diagrams and charts. The tools used in decision making tools are normally instruments and other visual aids and the techniques are a number of processes and steps applied so as to arrive at a certain decision.
These are just excerpts of essays for you to view. Please click on Order Now for custom essays, research papers, term papers, thesis, dissertations, case studies and book reports.